For Windoze, you'll need to put the the directories in which rtmpdump, vlc, and/or mplayer reside in your path or, you need to replace "rtmpdump" with the path to your "rtmpdump.exe" file and "vlc" with the path to your "vlc.exe" file or update your windows path to include the directories in which they reside.

I hope that helps someone. :)

flash3780:
Whelp... someone pointed out to me that the livestream hash changes whenever they reset the webcam, so... here's the latest for mplayer: